Revealed: AC Milan reportedly set for summer budget over €140m

Yonghong Li is ready to invest as the new Milan is now taking shape.

According to Carlo Festa of Il Sole24Ore, the new Milan owner is ready to dish out €145million into Milan this coming summer. Here is how this number will be divided: 

1. €55million will arrive from the Vienna bonds.

2. €60million will be available thanks to the second capital increase which will be authorized by the board of directors.  

3. €30million which can arrive from player sales (like Carlos Bacca for example).

This should allow Milan to have €145million available for this coming transfer window. Let’s not forget that they have practically closed an €18million deal for Musacchio and that they are close to also getting €28million target Franck Kessié of Atalanta. 

On May 18th 2017, there will be another board of directors meeting to confirm the second capital increase of €60million.